Permitted Activities definition
Permitted Activities. The primary activities of the trust created pursuant to this Agreement which shall be:
Permitted Activities. The primary activities of the Trust created pursuant to this Agreement which shall be: (i) holding Mortgage Loans transferred from the Depositor and other assets of the Trust Fund, including any credit enhancement and passive derivative financial instruments that pertain to beneficial interests issued or sold to parties other than the Depositor, its Affiliates, or its agents; (ii) issuing certificates and other interests in the assets of the Trust Fund; (iii) receiving collections on the Mortgage Loans and making payments on such certificates and interests in accordance with the terms of this Agreement; and (iv) engaging in other activities that are necessary or incidental to accomplish these limited purposes, which activities cannot be contrary to the status of the Trust Fund as a qualified special purpose entity under existing accounting literature.
Permitted Activities means the primary activities of the Trust, which are:
Examples of Permitted Activities in a sentence
The Parties expressly agree that prior to the aggregate Treasury Funding transferred to the Manager reaching one hundred fifty million United States Dollars ($150,000,000 USD), the Manager is entitled to retain one hundred percent (100%) of all profits, gains, staking rewards, yield, fees, or any other revenue generated from its management of the AUM through Permitted Activities (the “Profits”).
The Manager shall actively manage the AUM by engaging in Permitted Activities with the objective of providing market liquidity in the Ton tokens and generating a return.
More Definitions of Permitted Activities
Permitted Activities has the meaning stated in Section 2.3(a) of the Trust Agreement.
Permitted Activities. The primary activities of the Trust Fund created pursuant to this Agreement which shall be:
Permitted Activities. The primary activities of the Issuing Entity created pursuant to this Agreement which shall be:
Permitted Activities means activities carried on for the purposes of the Main Business;
Permitted Activities means each of the activities described in Section 2 hereof.
Permitted Activities has the meaning stated in Section 2.4(a).
Permitted Activities means activities carried on for the purposes